1. I/we declare that all the particulars and information and details given/filled in this
application form are true, correct, complete and up-to date in all respects and that
I/we have not withheld any information whatsoever. I/We shall furnish such additional
writings as may be required in connection with the financial assistance /s required by
me/us. I/We understand that certain particulars given by us are required in view of the
guidelines governing banking companies I/We understand that indicative
interest/charges/fees as applicable are given on ICICI Bank website
https://www.icicibank.com/business-banking/finance/loans-charges-applicable and the
details of which will be communicated to me/us through credit arrangement letter.
2. I/We hereby expressly authorize ICICI Bank to, disclose, transfer or part with any of
my/our information (including my/our sensitive personal information, location etc.) or
any other information when ICICI Bank considers such disclosure as necessary, with:
- a. Auditors, credit rating agencies/credit bureaus, statutory/regulatory
authorities, governmental/administrative authorities, Central Know Your Customer
(C-KYC) registry or SEBI Know Your Client registration agency, having jurisdiction
over ICICI Bank;
- b. Agents of ICICI Bank in any jurisdiction; service providers, professional
advisors, consultants or such person with whom ICICI Bank contracts or proposes to
contract.(Collectively referred to as Permitted Persons)
For the purpose of:
- a) Provision of the facility, completion of on-boarding formalities and servicing
and renewal/enhancement of the facilities; or
- b) Complying with KYC /customer due diligence requirements, anti-money laundering
checks; or
- c) Compliance with applicable laws or any order (judicial or otherwise),
statutory/regulatory/legal requirement, including disclosure to information
utilities; or
- d) Credit monitoring and review of facilities availed; or
- e) Authentication or verification; or
- f) Research or analysis, credit reporting & scoring, risk management, participation
in any service-related communication; or
- g) Electronic clearing network and for use or processing of the said
information/data; or
- h) Disclosing any default in payment; or
- i) Recovering the credit facilities including all interest and other charges.
3. I/we understand and acknowledge that ICICI Bank shall have the absolute discretion,
without assigning any reasons (unless required by applicable law), to reject me/our
application and that ICICI Bank shall not be responsible/liable in any manner whatsoever
to me/us for such rejection or any delay in notifying me/us of such rejection and any
costs, losses, damages or expenses, or other consequences, caused by reason of such
rejection, or any delay in notifying me/us of such rejection, of my/our application.
4. I/we agree that ICICI Bank Ltd/its Group Companies reserves the right to retain the
photographs and documents submitted with photo-card application and will not return
those to the applicant.
5. I/We acknowledge and agree that a non-refundable Front End Fee shall be levied for
processing the application.
6. I/we also authorise ICICI Bank to deactivate the existing Debit Card, upon
disbursement of any credit facility in the Current Account.
7. I/We confirm having read and understood ICICI Bank's 'Privacy Commitment' available at
https://www.icicibank.com/privacy. I/We acknowledge that the same shall be subject to
changes by ICICI Bank from time to time at its sole discretion and I/we agree to keep
myself/ourselves updated with the same.
8. I/We ("Borrower/Customer/s") hereby authorise / give my /our consent to ICICI Bank
Limited ("ICICI Bank") to classify categories of Priority Sector Lending (PSL) based on
the Udyam Registration Certificate (URC)